Why Is Pak Rupee Falling? | MoneyCurve | Dawn News English

Business Journalist Farooq Baloch explains why the value of the Pakistani rupee is depreciating and what global and international factors have contributed to this decline.
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[@htgroup5586]

Why Indian & bengali currencies are so stable while dollar keep on shooting up against PKR? @1:33 it's true that JPY has suffered but look at the above mentioned INR & BDT pairs, they're so stable even on this bullish dxy right now. How pathetic that nothing is being done to deal with this depreciation at all!
Estimated FR Foreign Reserves $
India FR: 600+ Billions
Bangladesh FR: 26+ Billions
Pak FR: 13 Billions (Actual)

[@bookofeverything3204]

India manages its currency by selling forex reserves… it is artificially managed

[@ahsanjabbar]

your old reporting style was better ... this is too monotonous

[@HayaKhan-wv7jr]

Japan or ese or bhi countries hen jis ki currency value , Pakistani rupees se kam hen. phir bhi wo richest countries hen or Pakistan rich nahi ..esa q?

[@ashutoshshahi117]

Dawn is much better than the HINDU for upsc aspirants in India

[@AlHindMaskeen]

Exactly. The hindu is left mouthpiece !

[@whomraja1704]

As long as Pakistan doesn’t accept sharia rule and Islamic banking as per the Holy Quran. Pakistanis will keep facing economic problems.

[@htgroup5586]

How so? Enlighten us!

[@bookofeverything3204]

⁠​⁠@@htgroup5586Pakistan is in a debt trap, taking loans to service previously taken debt to pay off interest… Falling exchange rate poses further problems with it comes to external debt because you need to pay more rupees in place of dollars… you increase taxes to repay debt, leads to higher inflation… plus with low exchange rate, you import inflation thanks to oil imports… so you increase interest rates to decrease inflation, output decreases, growth suffers, recession looms, tax collection drops, gdp falls and the misery gets worse especially when debt keeps piling on… this is the story of Pakistan economy over the years because you don’t understand the modern financial system… better adopt Islamic system (if a collapse happens) where the growth is always real and the virtual component due to interest and speculation (that basically makes rich richer and poor poorer) is non existent, taxation rational, inflation minimum, no debt traps, high levels of security , less crime and trading lassiz faire… A lot could be said about Islamic economy but definitely it is one of the solution